Answer:
Ronisha invests the money in the second account for 5 years.
how much 1
Money invested = $5,000
Annual simple interest = 2.3% = 2.3/100 = 0.023
Years = 3 years
5,000 x 0.023 x 3 = 345
account 2
Interest Earned = $55.20
The amount deposited in the account = $345
Annual interest = 3.2% = 3.2/100 = 0.032
55.20/(345)(0.032) = 345 x 0.032 = 11.04
55.20/11.04 x 100
55.20 x 100 = 5520
11.04 x 100 = 1140
5520/1104 = 5